The Portland daily press., 1887-12-09

/ market for natives, both at home and
| abroad. The readings given In New York
fnnd of a. 0oO which will be sufficient to
meet the costs of Washington agitation dur
/ ing the winter. A commencement will be
made almost Immediately, and the present
understanding is tna. tbs mqssel LoTe
| thonrhtfnl consultations, 1t has been decided
TO strike ont for the principle that the author
| of a book is entitled to the same protection
| of his property that the inventor OF a patent
able device enjoys: apd as as AGAINST any
| BILE to the owner by the man who chooses to
| publish his work.
| the Authors League Is mat the Harpers,
| Pntnams and other New York publishing
firms are now desirous OF plain, unrestricted
| copyright They see more money in buying
| protectable works than IN competition with
cheap ga simple ssg O resoan w Se
| tion of authors ownership Of their work.
| Mr.. George William Curtis will go to WASH
| ington for the Harpers, TO help the league.
| More potent that anything else, in the opin-
ion Of the eagpers, Russell r OSlsYe b assas
| ident Cleveland that he will use his infiu-
enee earnestly for the measure.
FarweII's Plan.
L senator taTWell Will AtitAbQuCS us SOOu us
possible bill to perpetuate the national
| banking system. Itrecites the danger to the
| system arising from the rapid redemption Of
| United States bonds, and enacts that, instead
| of United States bonds. banks may hereafter
| deposit with the United States Treasurer
"any State or municipal bonds. or any first
| mortgage railroad bonds of the United
| States upon which interest has been hereto
| fore promptly paid, and whose market or
cash value is equal to or greater than their
par value, bearing interest at a rate not less
| than per centum per aDnum, subject to
| the provision of the present law applying to
| United States bonds, provided that the
| Treasurer does not accept State and munich
| pal bonds at more than 70 per cent. of their
| par value, or first mortgage raitrsad bonds at
more than 80 per cent. of their par value,
| the total amount of railroad bonds received
by the Treasurer not to exceed $500, ,000, ,000
All the State, municipal and railroad bonds
offered for deposit must have the approval
of the United States Treasurer and the
Comptroller of the Currency. Banks now
having United States bonds. on deposit as
basis for circulation may substitute for them
State, municipal and first mortgage railroad
bonds after paying for the expenses OF the
change.
When a bank fails to pay its circulating
notes, the Controller may, instead OF can
ceiling its bonds, cause so much OF them as
may be necessary to redeem its outstanding
notes to be sold at public auction in the city
Of New York, after giving 80 days notice of
the sale to the bank, or he may in his dis
cretion proceed in the name of the United
States of America, in the proper Circuit
Court of the United States to collect such
bonds as they shall mature. For any de-
iciency in the proceeds of all bonds Of an
association, when thus sold or collected, to
reimburse the United States, the amount ex-
dod tba0 al .loff
association, the United States shall have
paramount lien upon all its assets, and such
deficiency shall be made good out of such
assets in preference to any and all other
claims whatsoever, except the necessary
costs and expenses of administering the
same"
Tupper's Opposition to Union.
In has just leaked out that few days after
Sir Charles Tupper, the Canadian member
of the fisheries commission, arrived here he
called on Speaker Carlisle and had conver-
sation with him lasting over an hour Sir
Charles Upper, like his fellow plenipoten-
tiary, Mr.. Chamberlain, is dead set against
commercial union which Mr.. Butterworth Of
Ohio, and Erastus Wiman are now so yigor-
ously agitating, and which certain section
of the Canadian press is disposed to consider
will be the only basis ON which :the fisheries
negotiations can be carried to successful
conclusion. Sir Charles gave the Speaker to
understand that there was no real sentiment
in the Dominion for commercial unien; that
that cry was merely political issue, taken
up by the opposition in and out of Parlia-
ment, and was devoid OF strength.
Upper is opposed to commercial union,
because he regards it as the first step towards
political federation with the United States,
and he is too patriotic an Englishman to con-
template that idea with unrufiied feelings.
Mr. Carlisle, 1t Is understood, is not dis
posed to seriously consider the subject Of
commercial union, and he told Sir Charles
the possible Exception 81 some In New Eng
land had given it much attention or under
stood the question in all its bearings. Tup-
per would not be adverse to reciprocity, and,
of course, tariff concession would be agreea-
BILE to Mr.. Carlisle, but unless the Democrats
are strong enough to pass tariff measure
this session Canadian reciprocity cannot go
through. The New England representatives
do not naturally. regard the scheme with
favor. Even if the Senate should consent to
the ratification of IA reciprocity treaty, the
assent of the House would be necessary,as a
revenue question would be involved.
The Wool Growers.
The wool growers and wool dealers in con-
ference to-day adopted resolutions declaring |
that recent events demonstrated the neces-
sity for a central organization at Washing
ton or elsewhere.
OF Interest to Maine People.
The post offices at East Lincoln and North |
Lee, Pencbscot country, were discontinued
today.
The following pensions have been granted |
to Maine people,
ORIGINAL.
Catherine Allard, mother of George S. Wey
mouth
John w. Murphy. Augusta.
William Bond, Corinna.
Chester Ill. Stevens, Barring.
INCREASE.
John W. Douglass, Gardiner.
REISSUE.
George Ham, Shapleigh.